IAG mulls Vueling takeover

International Airlines Group (IAG), parent company of British Airways (BA) and Iberia (IB), is considering the purchase of Spanish low-cost carrier Vueling (VY).

Vueling A320. Courtesy, VY
International Airlines Group (IAG), parent company of British Airways (BA) and Iberia (IB), is considering the purchase of Spanish low-cost carrier Vueling (VY).
In a brief statement issued after the close of European stock markets, IAG said that, following press speculation, its board on Thursday would consider an offer for 100% of VY’s shares.
“No decision to make an offer has yet been reached nor, accordingly, on any of its potential ...